M&A Deal Summary

Victoria Acquires Globesign

On November 26, 2013, Victoria acquired consumer products company Globesign for 16M GBP

Acquisition Highlights
  • This is Victoria’s 1st transaction in the Consumer Products sector.
  • This is Victoria’s 5th largest (disclosed) transaction.
  • This is Victoria’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2013-11-26
Target Globesign
Sector Consumer Products
Buyer(s) Victoria
Deal Type Add-on Acquisition
Deal Value 16M GBP

Target

Globesign

Cleckheaton, United Kingdom
Globesign Ltd. is a manufacturer and seller of carpets. The business operates from two dedicated manufacturing locations which include the spinning and dyeing of yarn and the manufacture of a wide range of carpet types and colours.

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Buyer(S) 1

Buyer

Victoria

Worcester, United Kingdom

Category Company
Founded 1895
Sector Consumer Products
Employees5,600
Revenue 1.3B GBP (2024)
DESCRIPTION

Victoria is an international manufacturer, supplier and distributor of contemporary design-led carpets, carpet tiles and other floorcoverings, targetting the mid to high-end markets in which we operate. Victoria was founded in 1895 and is based in Worcester, United Kingdom.


DEAL STATS #
Overall 4 of 16
Sector: Consumer Products M&A 1 of 3
Type: Add-on Acquisition M&A Deals 4 of 15
Country: United Kingdom M&A 2 of 6
Year: 2013 M&A 1 of 1
Size (of disclosed) 5 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-12 C&H Distribution

Willand, United Kingdom

C&H Distribution Ltd. is a distributor of luxury vinyl tiles, primarily to the Contract market in the UK. The company offers its products through wholesalers, independent stockists, flooring retailers, and sales agents. The company was incorporated in 2008 and is based in Willand, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-30 Abingdon Flooring

Bradford, United Kingdom

Abingdon Flooring Ltd. is a manufacturer of carpets.

Buy £8M